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SHORT ANSWER QUESTION RELEASE . (7 points ) If lottery Ly ( with associated poff fi ( w ) over wealth outcomes ) first order stochastically dominates...
, the valid argument.SHORT ANSWER QUESTION RELEASE .(7 points ) If lottery Ly ( with associated poff fi ( w ) over wealth outcomes ) first order stochasticallydominates lottery Ly ( with associated pdf {} (W)), then fi ( w ) = Ez ( w) for all levels of wealth .
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